OneSpaWorld price target raised to $16 from $13 at Loop Capital

Loop Capital raised the firm’s price target on OneSpaWorld (OSW) to $16 from $13 and keeps a Buy rating on the shares. After speaking with management of Carnival (CCL) and with cruise line operators citing high occupancy and limited discounting all year, the firm is more positive on the outlook for ship growth, the analyst tells investors in a research note. Cruise companies should continue to use new data analysis tools to encourage customers to pre-plan incremental services, and this trend is already benefiting OneSpaWorld, the firm added.